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From: robertk@tekig.UUCP (Robert Kaires)
Newsgroups: net.invest
Subject: re:silver
Message-ID: <2132@tekig.UUCP>
Date: Fri, 29-Jun-84 13:38:34 EDT
Article-I.D.: tekig.2132
Posted: Fri Jun 29 13:38:34 1984
Date-Received: Tue, 3-Jul-84 02:35:31 EDT
Organization: Tektronix, Beaverton OR
Lines: 28

I would like to preface this by saying that I am not an expert. I do 
however have some ideas on silver. Comments are encouraged.

Silver is somewhat like gold in that it responds to inflationary pressures,
war,etc. Unlike gold however it is heavily used in industry, mostly in
photo-processing and electronics.(gold is also used in electronics but
is a very small percentage) I believe this makes silver a more risky 
investment since a replacement could be found in industry thereby 
driving the price(value) down.

People like Howard Ruff say that when inflation resumes its course silver
could go to $100, gold to $2000. (ball park). Percent wise this is 
approximately 1000% for silver 500% for gold making silver the better
investment.

There are many ways to invest in silver (and gold) :

1 Silver stock... Sunshine for example (listed on NYSE)
2 Mutual fund specializing in precious metals
3 "Junk" silver ... pre-1964 quarters,dimes 
4 silver bullion ... industrial strength bars of silver
5 silver coins ... silver dollars etc.
6 silver certificates ... pieces of paper representing bullion for example
  Merrill Lynch silver certificates.
7 Any others???

I would like to see more on net.invest so send in those articles.